I got my questions answered at brainly.com in under 10 minutes. Go to brainly.com now for free help!

anonymous

5 years ago

I'm not sure about this one, but I'll try to help..
First get the monthly rate:
\[20.5\div12\] = 1.7083% a month
For $831.75 she obviously had to pay for 3 months if monthly rate is 1.7083%
So $831.75 contains:
Price + 3*monthly rate
$831.75 = 105.125%
So she paid interest of $40.54